BTC Premium Group VIP880 Scam
Genre – Non-Fiction
Sub-genre – Crime
Length of blog – 700 words
Suraj from Surat called Neel, “Hello Neel, you don’t know me, neither do I know you, but we are in the same WhatsApp group named ‘BTC Premium Group VIP888.’
He further continued, “I have been trying to call random phone numbers in the group, but you are the only one who acknowledged your identity.”
“The rest did not respond to the name or title I called them with – the names on their display names- you know. Few told me that it was a wrong number.”
“How can that be? I called about a handful until now, I can’t call all, right? – around 45 people in the group.”
“God knows if they are people or bots, coz the same number showing on the WhatsApp group is a different person when called from my office landline.”
“And the ones that answered my office landline called seemed naïve, almost all who answered reacted as if they did not know or understand English. And mind you the five I called, are the ones that are most active on the group- that too with responses in the English language”
He went on to explain the so-called-scam from the top.
“I got added into this BTC Fortune Group on WhatsApp and very proactive so-called employees of a firm called CID, based out of Hongkong, was asking all to invest in bitcoin via a SLR1 website.”
“On asking, they guided me to deposit 10000 INR – approx. 120USD into SLR1 website via a wallet app.”
Binance was the wallet app used and that is a worldwide accepted wallet.
“The first part of the scam is that to withdraw back into your wallet, a 25USD fee would be charged – this was not told at the start.”
“Arguably the CID employee told me that SLR1 website holds your money safe like a bank hence the 25USD fees, that too only on withdrawals.”
“’But not to worry sir, your profits would surpass the fees and have no fear and to trade in the websites second account which was for trading in bitcoin.”
“So I steamed ahead and transferred into the trading account, looking at doubling my profit – or as shown by the bots chatting in the WhatsApp group.”
“Then I was made to join the Premium Group, where a more synchronized effort was shown by the employees giving trading tips and the bots showing profits.”
“And as I traded the first day I got a profit of 30USD, but the very next day I traded and lost all, but 20USD.”
“I could not withdraw. The employee had constant follow-ups with me, to add more money, to trade more, to earn more.”
“That’s when I started calling other people in the group.”
“Yes”, Neel said. “I too traded as told, sold when told to sell and bought when told to buy. Also followed the time duration, like if the trade was told to be done for 60 seconds, 180 seconds, etc. I did it exactly that way”
“And after excruciating 180 seconds, I lost the amount. Then again, another trade, another excruciating 180 seconds and I lost another bunch of my bitcoins. Until I had zero in my account.”
“And the bots continued to show profit”, Suraj said.
“Yes”, Neel said.
“So, it is a scam coz, when we can trade on the Binance wallet app and pay them 20% on our profits, why do we need to transfer to SLR1 website. That website is tainted.”
“But how can one can prove it’s a scam, coz markets are subject to ups and downs!”
“Let’s ask around.”
-=-=– THE END -=-=—
P.S,:
Please beware, when you get added to a group claiming to trade in bitcoin. This article is not fictional. Real life events have occurred and if any of you have had the same experience, please do get in touch.
;-o